Common use of Use of Property and Facilities; Environmental Laws Clause in Contracts

Use of Property and Facilities; Environmental Laws. Each of the Borrower, Holdings, and the other Members of the Consolidated Group shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower, Holdings, or any other Member of the Consolidated Group, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Subsidiary Guaranty Agreement (Transocean Ltd.), Credit Agreement (Transocean Ltd.), Credit Agreement (Transocean Ltd.)

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Use of Property and Facilities; Environmental Laws. Each of the Borrower, Holdings, The Borrower and the other Members of the Consolidated Group shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower, Holdings, Borrower or any other Member of the Consolidated GroupGroup of the Borrower, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: 364 Day Revolving Credit Agreement (Transocean Inc), Revolving Credit Agreement (Transocean Inc)

Use of Property and Facilities; Environmental Laws. Each of the Borrower, Holdings, Borrower and the other Members of the Consolidated Group shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower, Holdings, Borrower or any other Member of the Consolidated Group, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Transocean Partners LLC), Credit Agreement (Transocean Partners LLC)

Use of Property and Facilities; Environmental Laws. Each of the Borrower, Holdings, and the other Members of the Consolidated Group shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower, Holdings, or any other Member of the Consolidated Group, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Transocean Ltd.)

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Use of Property and Facilities; Environmental Laws. Each of the Borrower, Holdings, The Borrower and the other Members of the Consolidated Group shall comply in all material respects with all Environmental Laws applicable to or affecting the properties or business operations of the Borrower, Holdings, Borrower or any other Member of the Consolidated Group, where the failure to comply could reasonably be expected to have a Material Adverse Effect.

Appears in 1 contract

Samples: Term Credit Agreement (Transocean Inc)

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